Exchange Street FS Ltd - Accounts to registrar (filleted) - small 18.2

Exchange Street FS Ltd - Accounts to registrar (filleted) - small 18.2

EXCHANGE STREET FINANCIAL SERVICES LIMITED - Company Information

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REGISTERED NUMBER: 06473936 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2019

FOR

EXCHANGE STREET FINANCIAL SERVICES
LIMITED
EXCHANGE STREET FINANCIAL SERVICES
LIMITED (REGISTERED NUMBER: 06473936)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


EXCHANGE STREET FINANCIAL SERVICES
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2019







DIRECTORS: S W McNamee
M Porthouse
R Perry
A Taylor





REGISTERED OFFICE: Bank House
Wharf Road
Sale
Cheshire
M33 2AF





REGISTERED NUMBER: 06473936 (England and Wales)





ACCOUNTANTS: Walker Begley Limited
Chartered Accountants
207 Knutsford Road
Grappenhall
Warrington
Cheshire
WA4 2QL
Page 1
EXCHANGE STREET FINANCIAL SERVICES
LIMITED (REGISTERED NUMBER: 06473936)

ABRIDGED BALANCE SHEET
31 MARCH 2019

31/3/19 31/3/18
Notes £    £   
CURRENT ASSETS
Debtors 53,116 68,570
Cash at bank 220,638 149,065
273,754 217,635
CREDITORS
Amounts falling due within one year 48,351 43,437
NET CURRENT ASSETS 225,403 174,198
TOTAL ASSETS LESS CURRENT
LIABILITIES
225,403
174,198

CAPITAL AND RESERVES
Called up share capital 4 400 400
Retained earnings 5 225,003 173,798
SHAREHOLDERS' FUNDS 225,403 174,198

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2019 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 12 November 2019 and were signed on its behalf
by:





S W McNamee - Director


The notes form part of these financial statements

Page 2
EXCHANGE STREET FINANCIAL SERVICES
LIMITED (REGISTERED NUMBER: 06473936)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019

1. STATUTORY INFORMATION

Exchange Street Financial Services Limited is a private company, limited by shares , registered in England and
Wales. The company's registered number and registered office address can be found on the Company
Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2018 - 4 ) .

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/3/19 31/3/18
value: £    £   
400 Ordinary £1 400 400

5. RESERVES
Retained
earnings
£   

At 1 April 2018 173,798
Profit for the year 75,205
Dividends (24,000 )
At 31 March 2019 225,003

6. RELATED PARTY DISCLOSURES

During the year, the company made a loan to Exchange Street Claims Limited, a related party. At 31 March
2019, the Company was owed £26,034 from Exchange Street Claims Limited (2018 -£26,034).

7. ULTIMATE CONTROLLING PARTY

The directors, Mr S McNamee, Mr M Porthouse, Mr R Parry and Mr A Taylor, control the company by virtue of
their 100% interest in the ordinary share capital of the company.

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